Cost Accounting Standard 414
Author : United States. General Accounting Office
Publisher :
Page : 36 pages
File Size : 13,54 MB
Release : 1987
Category : Cost accounting
ISBN :
Author : United States. General Accounting Office
Publisher :
Page : 36 pages
File Size : 13,54 MB
Release : 1987
Category : Cost accounting
ISBN :
Author : United States. General Accounting Office
Publisher :
Page : 29 pages
File Size : 10,14 MB
Release : 1986
Category :
ISBN :
In response to a congressional request, GAO examined revisions to the Department of Defense's (DOD) profit policy to determine whether: (1) Cost Accounting Standard (CAS) 414, which establishes a method for measuring the cost of money for a contract, had continued relevance in light of current profit policy; and (2) the policy that permits the facilities investment value to be used twice in the computation of profit objectives results in double-dipping. The profit policy provides contracting officers with a structured approach to calculating prenegotiation profit objectives through weighted guidelines. The profit objectives determined through the use of the weighted guidelines, coupled with the government's estimate of contract cost, produce the government target price that the contracting officers use in negotiating with potential contractors. GAO found that CAS 414 is relevant because it provides a means to measure and allocate the cost of money and consistently identifies the amount of facilities capital associated with a contract. GAO had previously recommended that investment be a significant element in profit determination, and current DOD policy makes use of investment for profit determination. If an investment is to be continued as a profit determinant, CAS 414 performs a necessary function. If the offset policy remains part of the profit policy, DOD should reevaluate the validity of assumptions used in its design of the policy and its decision not to adjust the offset as conditions change. GAO believes that adjustments should be made to the offset whenever there are changes in conditions on which the policy is based.
Author : United States. General Accounting Office
Publisher :
Page : 30 pages
File Size : 43,71 MB
Release : 1988
Category : Cost accounting
ISBN :
Author : United States. General Accounting Office
Publisher :
Page : 29 pages
File Size : 32,17 MB
Release : 1986
Category : Cost accounting
ISBN :
Author : United States. General Accounting Office
Publisher :
Page : 30 pages
File Size : 35,39 MB
Release : 1987
Category :
ISBN :
Author : Edythe Amelia Chute
Publisher :
Page : 124 pages
File Size : 23,90 MB
Release :
Category :
ISBN :
Author : U S Government Accountability Office (G
Publisher : BiblioGov
Page : 38 pages
File Size : 34,65 MB
Release : 2013-07
Category :
ISBN : 9781289252106
The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.
Author : United States. General Accounting Office
Publisher :
Page : 48 pages
File Size : 50,34 MB
Release : 1976
Category : Defense contracts
ISBN :
Author : Commerce Clearing House
Publisher :
Page : 2046 pages
File Size : 12,15 MB
Release : 1978
Category : Cost accounting
ISBN :
Author : United States. General Accounting Office
Publisher :
Page : 24 pages
File Size : 41,90 MB
Release : 1994
Category : Finance, Public
ISBN :